ICICI Securities Equity Research Analyst Salaries by 30+ Employees (Updated 2025)

0 - 9 years exp.

₹7 Lakhs - ₹23.8 Lakhs

Salary of majority employees

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29% more than the average Equity Research Analyst Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Equity Research Analyst Salary 1 - 9 years exp. (14 salaries)	Unlock ₹6 L/yr - ₹20 L/yr
Finance & Accounting Equity Research Analyst Salary 1 - 9 years exp. (8 salaries)	Unlock ₹7 L/yr - ₹15.9 L/yr
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Data Science & Analytics Equity Research Analyst Salary 5 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹15.7 L/yr

Last Updated: 18 Jan 2025

Companies similar to ICICI Securities for Equity Research Analyst

Company name	Avg Annual Salary	Open Jobs
Edelweiss Equity Research Analyst Salary 2 - 12 years exp. (9 salaries)	Unlock ₹14 L/yr - ₹44.2 L/yr 86% more
Kotak Securities Equity Research Analyst Salary 0 - 10 years exp. (6 salaries)	Unlock ₹16.5 L/yr - ₹17.6 L/yr 25% more
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Axis Direct Equity Research Analyst Salary 1 - 13 years exp. (8 salaries)	Unlock ₹9.2 L/yr - ₹23 L/yr 34% more
HDFC Securities Equity Research Analyst Salary 0 - 6 years exp. (20 salaries)	Unlock ₹6.4 L/yr - ₹25.5 L/yr 11% more
Sharekhan Equity Research Analyst Salary 1 - 8 years exp. (11 salaries)	Unlock ₹8 L/yr - ₹27.1 L/yr 21% more	1 job opening
Angel One Equity Research Analyst Salary 1 - 5 years exp. (9 salaries)	Unlock ₹2 L/yr - ₹6.1 L/yr 65% less
IIFL Securities Equity Research Analyst Salary 1 year exp. (4 salaries)	Unlock ₹1.2 L/yr - ₹2.1 L/yr 88% less
SBI Capital Markets Equity Research Analyst Salary 0 - 4 years exp. (5 salaries)	Unlock ₹3.6 L/yr - ₹48 L/yr 16% more
FactSet Equity Research Analyst Salary 0 - 3 years exp. (356 salaries)	Unlock ₹1.8 L/yr - ₹4.8 L/yr 73% less
Morningstar Equity Research Analyst Salary 1 - 3 years exp. (66 salaries)	Unlock ₹3.5 L/yr - ₹7.2 L/yr 58% less
Motilal Oswal Financial Services Equity Research Analyst Salary 1 - 6 years exp. (28 salaries)	Unlock ₹2 L/yr - ₹6.5 L/yr 59% less
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HSBC Group Equity Research Analyst Salary 1 - 10 years exp. (28 salaries)	Unlock ₹15 L/yr - ₹39 L/yr 73% more
UBS Equity Research Analyst Salary 0 - 11 years exp. (12 salaries)	Unlock ₹9 L/yr - ₹30.8 L/yr 37% more
Karvy Stock Broking Equity Research Analyst Salary 0 - 5 years exp. (10 salaries)	Unlock ₹2.7 L/yr - ₹5.3 L/yr 66% less
Geojit Financial Services Equity Research Analyst Salary 2 - 10 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹9 L/yr 58% less
BNY Equity Research Analyst Salary 0 - 10 years exp. (6 salaries)	Unlock ₹5 L/yr - ₹11.6 L/yr 50% less
Citicorp Equity Research Analyst Salary 8 - 14 years exp. (5 salaries)	Unlock ₹40 L/yr - ₹51 L/yr 249% more
BNP Paribas Equity Research Analyst Salary 0 - 11 years exp. (4 salaries)	Unlock ₹33 L/yr - ₹93 L/yr 458% more
Morgan Stanley Equity Research Analyst Salary 1 - 9 years exp. (3 salaries)	Unlock ₹50 L/yr - ₹1 Cr/yr 444% more
London Stock Exchange Group Equity Research Analyst Salary 1 - 6 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹5 L/yr 66% less

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Equity Research Analyst salary at ICICI Securities ranges between ₹7 Lakhs to ₹23.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 38 latest salaries received from various employees of ICICI Securities.

Latest annual salaries shared by ICICI Securities Equity Research Analyst

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1 year exp.

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8 years exp.

2mo ago

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5 years exp.

2mo ago

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1 year exp.

3mo ago

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9 years exp.

3mo ago

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1 year exp.

4mo ago

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1 year exp.

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8 months exp.

7mo ago

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2 years exp.

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9 years exp.

Experience wise ICICI Securities Equity Research Analyst salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹20.6 L/yr
1 year (13 salaries)	Unlock ₹6 L/yr - ₹16 L/yr
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2 years (5 salaries)	Unlock ₹7 L/yr - ₹22.4 L/yr
3 years (4 salaries)	Unlock ₹5.5 L/yr - ₹23.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹24.1 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹15.5 L/yr
6 years (5 salaries)	Unlock ₹12 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹18.5 L/yr
8 years (3 salaries)	Unlock ₹14.5 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹15.5 L/yr - ₹28.4 L/yr

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Similar Designation salaries in ICICI Securities

Research Analyst Salary

(27 salaries)

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₹7 L/yr - ₹18 L/yr

Business Analyst Salary

(45 salaries)

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₹3.8 L/yr - ₹12 L/yr

Financial Analyst Salary

(12 salaries)

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₹3.5 L/yr - ₹9.9 L/yr

Senior Financial Analyst Salary

(AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.5 L/yr

Senior Analyst Salary

(5 salaries)

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₹6 L/yr - ₹18.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr

Associate Analyst Salary

(4 salaries)

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₹3.5 L/yr - ₹19.5 L/yr

Analyst Salary

(9 salaries)

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₹7.69 L/yr - ₹11 L/yr

Deputy Manager Salary

(24 salaries)

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₹3.5 L/yr - ₹7 L/yr

Senior Associate Salary

(46 salaries)

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₹9.88 L/yr - ₹34.48 L/yr

Top skills at ICICI Securities for Equity Research Analyst

Business Research cement Communication Skills Industry Research Financial Modelling Capital Goods Power Infrastructure Real Estate

Salary related reviews for ICICI Securities

2.5

Rated by 6 employees for salary & benefits

Management Trainee in Turbhe, Navi Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 11 Nov 2021

3.0

for Salary and Benefits

Likes

Only positive side about working here is that you will receive your salary on time.

Dislikes

I worked here in Equity Product Group (EPG) department for around 6 months. I didn't at all like working here. There were no scope for learning/skill development, work environment turned toxic after one month of joining and work life balance became terrible. Work satisfaction was zero for me since I didn't like to push sell products to customers, which they don't need or infact won't be beneficial for them, just to achieve my target. Your superior will give you extreme pressure to achieve your target and the targets are so high that one cannot achieve it in honest ways. Even superiors will suggest you to lie to customers but they will never give their consent in writing. So if at anytime a complaint is lodged against you for misconduct to the Regulators (SEBI, RBI, etc.) then GOD help you because you'll be on your own. If you face problem in achieving target, the superiors instead of help solving your problems or giving PROPER TRAINING to you, will insult you in front of your co-workers and tell you to leave the job. They will create the work environment so toxic that you'll be forced to resign from the company. Also you are expected to come office on time but you won't be allowed to leave until you achieve your daily targets. I'll never suggest anyone to join this company, especially EPG department.

Skill development - Bad

+5 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Equity Relationship Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 May 2023

3.0

for Salary and Benefits

Likes

Attractive salary Brand name

Dislikes

No job security Heavy job pressure No (0) work life balance (10hrs shift plus frequent over time) Too much tele calling Horrible work culture No learning at all apart from sales Unsupportive seniors and TLs Less holidays Unhealthy work environment No incentives Poor client base and leads At the time of interview it was said that it's a advisory job but it's a pure sales job. It is suggested that only salesperson join this job. For company it is suggested to treat their employees as humans and value customers. They say that they have customer first policy, but all they care is about brokerage and product sales.

Skill development - Bad

+5 more

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ICICI Securities Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at ICICI Securities?

Equity Research Analyst salary at ICICI Securities in India ranges between ₹7.0 Lakhs to ₹23.8 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 29% more than the average Equity Research Analyst Salary in India. Salary estimates are based on 38 latest salaries received from various employees of ICICI Securities India.

How does the salary of a Equity Research Analyst at ICICI Securities India compare with the average salary range for this job?

The average salary of a Equity Research Analyst at ICICI Securities is 29% more than the average salary of a Equity Research Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Equity Research Analyst at ICICI Securities?

Business Research, cement, Communication Skills, Industry Research and Financial Modelling are some of the popular skills required to work as a Equity Research Analyst at ICICI Securities India.

Which similar companies are paying more than ICICI Securities to a Equity Research Analyst in India?

BNP Paribas Equity Research Analyst Salary - ₹33.0 Lakhs to ₹93.0 Lakhs per year
Morgan Stanley Equity Research Analyst Salary - ₹50.0 Lakhs to ₹104.8 Lakhs per year
Citicorp Equity Research Analyst Salary - ₹40.0 Lakhs to ₹51.0 Lakhs per year
Edelweiss Equity Research Analyst Salary - ₹14.0 Lakhs to ₹44.2 Lakhs per year
HSBC Group Equity Research Analyst Salary - ₹15.0 Lakhs to ₹39.0 Lakhs per year

What is the salary of a Equity Research Analyst in companies similar to ICICI Securities in India?

UBS Equity Research Analyst Salary - ₹9.0 Lakhs to ₹30.8 Lakhs per year
Axis Direct Equity Research Analyst Salary - ₹9.2 Lakhs to ₹23.0 Lakhs per year
Kotak Securities Equity Research Analyst Salary - ₹16.5 Lakhs to ₹17.6 Lakhs per year
Sharekhan Equity Research Analyst Salary - ₹8.0 Lakhs to ₹27.1 Lakhs per year
SBI Capital Markets Equity Research Analyst Salary - ₹3.6 Lakhs to ₹48.0 Lakhs per year

What is the estimated take home salary of a Equity Research Analyst at ICICI Securities in India?

The estimated take-home salary of a Equity Research Analyst at ICICI Securities ranges between ₹95,492 per month to ₹98,068 per month in India. The take-home salary calculation is based on the average ICICI Securities Equity Research Analyst salary in India which ranges between ₹7.0 Lakhs to ₹23.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Analyst at ICICI Securities?

According to AmbitionBox, 81% of the ICICI Securities Equity Research Analysts reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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ICICI Securities Equity Research Analyst Salaries

ICICI Securities Equity Research Analyst salary in India ranges between ₹7 Lakhs to ₹23.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 ICICI Securities latest salaries received from various employees of ICICI Securities.

ICICI Securities Equity Research Analyst salaries in India (Updated 2025)

Companies similar to ICICI Securities for Equity Research Analyst

Latest annual salaries shared by ICICI Securities Equity Research Analyst

Experience wise ICICI Securities Equity Research Analyst salaries

Similar Designation salaries in ICICI Securities

Top skills at ICICI Securities for Equity Research Analyst

Salary related reviews for ICICI Securities

Management Trainee in Turbhe, Navi Mumbai

Assistant Manager in Mumbai

AVP in Bangalore / Bengaluru

Senior Relationship Manager in Chennai

Equity Relationship Manager in Mumbai

ICICI Securities Equity Research Analyst Salary FAQs

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